click to show more information

click to hide/show information About your Search

20130302
20130310
SHOW
Cavuto 19
Book TV 16
( more )
STATION
FOXNEWSW 117
MSNBCW 109
CNNW 100
FBC 100
SFGTV2 84
CSPAN 64
SFGTV 59
CNBC 52
CSPAN2 50
KQED (PBS) 45
KGO (ABC) 37
KNTV (NBC) 34
KPIX (CBS) 31
KTVU (FOX) 25
KRON (MyNetworkTV) 17
CURRENT 15
( more )
LANGUAGE
English 1014
Search Results 0 to 49 of about 1,022 (some duplicates have been removed)
weekly address discuss the u.s. economy. we will take a look at that now. we got february job numbers. 236,000 jobs added. the president is followed by senator sessions. >> hi, everyone. my top priority as president is making sure we do everything we can to reignite the engine of america's economic growth. yesterday we received some welcome news on that front. we learned that businesses added nearly 236,000 jobs last month. the unemployment rate fell to 7.7%. still too hi, but lower than when i took office. -- too high, but lower than when i took office. our manufacturers are bringing jobs back to america. our stock market has rebounded. numeral's are being built and sold at a faster pace. -- new homes are being built and sold at a faster pace. we need to keep that going. how do we make america a magnet for new jobs? how do we equip more people with the skills. to choir? how do we make sure -- with the skills that jobs require? that needs to be our north star. when big businesses are gaining more track, the last thing we should do is allow washington politics to get in the way. you de
, acquired more power to affect the economy than even it imagined at the outset. the federal reserve: does money matter? with the help of economic analyst richard gill, we'll explore that question on economics usa. i'm david schoumacher. coins, bills, checks-- our basic money supply. the amount of money and where it goes wiin the banking system has been the main concern of our nation's central bank. at the fed's headquarters here in washington, dc, closed deliberations are held by experts who continuously monitor our financial health and prescribe remedies. how did these experts prescribe a remedy that plunged us even deeper into the great depression? early in the 20th century, american banks operated with little regulation and great vulnerability. in 1907, that vulnerability became apparent when depositors lost confidence and demanded their money. the banks couldn't get short-term loans, and many colpsed. it took a powerful banker, j.p. morgan, to end the 1907 panic. but should an entire country be dependent on an individual's whim? a central bank, a lender of last resort, seemed a better
, congress can't do two things at once. it can't grow the economy now and focus on the long term. i would say i was influenced by paul krugman and who what he wrote back in the 1990s, what he wrote in materially 2000 united statess. in the 1990s, i've got to say, you would have been a member of newt's anti-debt party. >> no. >> in the 1990s you look at your books, your writings and you said it was startingly irresponsible for the federal government to run deficits because you talked about this coming army of baby boomers and you've said it was going to hit in 2012 and that's when we needed to be ready. >> but the point is it was irresponsible to be running deficits when the economy was at full employment. and it didn't need the support from the federal government. we mised that window. we didn't do it. we didn't pay down the debt when the economy was fairly strong. now we're in a situation where trying to -- obsessing about debt right now at a time when the economy is very weak, whenever dollar you cut from federal spending is probably going to take a dollar and a half out of g.d.p., it's pro
for than put it into the economy ? >> you're absolutely right. there are people that feel there are folks to our struggling to get by. that is a concern and part of a conversation either way you hit the daily commuter. >> so you say the people making more the entrepreneurs already pare the lot -- pay the lion's share. it's not like they will stay in those brackets allot fall down after a decade according to the irs data. not to get into a debate with the brackets in this country. >> and come inequality has grown over the last few decades. charles: let's leave it therens the party. all that and more coming up. its "money". >> here's what is "money" tonight. a strong, solid jobs report. unemployment is not going down for the reasons you think. we take off the rose colored glasses until you the real numbers on where the economy stands. plus, american wealth is back. we have recovered $16 trillion. don't count your money at the poker table yet. all the "money," our panel will explain why. ann the kickstart to the keystone. the pipeline proponents want to sidestep the need for presidential app
. we take off the rose colored glasses until you the real numbers on where the economy stands. plus, american wealth is back. we have recovered $16 trillion. don't count your money at the poker table yet. all the "money," our panel will explain why. ann the kickstart to the keystone. the pipeline proponents want to sidestep the need for presidential approval. how quickly could the keystone get the green light, even when they say it ain't, it's always about "money." ♪ all right. first, let's turn to other market moment. a record date. and of looking almost unstoppable. the strong jobs report. another solid boost to stocks. the dow posting its fourth straight record close rising for the sixth straight session. nasdaq with the rest of your high. and just 14 points from its all-time closing high. and our top story tonight, jobs. the february numbers are out, and a crest expected any teeseven expectation, bringing unemployment down. hold on to your hat. we go behind the headlines here on "money." there is more the you need to know. the labor force participation rate dropped to 63 and a
some credit snit this is like rodney danger field? when is he going to get credit for the economy coming back? the unemployment rate dropped. it really is amazing and the stock market for the rich is going through the roof. when is this guy going to get some respect? okay. if it gets to this number, we'll love him. they ought to ask this question. will they ever admit he's doing a good job. her's someone who admitted he was wrong. bill clinton wrote an op-ed which i couldn't believe it when i read it. he said not only did the law provide excuse for d discrimination. i'm already surprised by the jockeying. rand paul is running jeb bush and hillary clinton. this is going to be big time. >>> finally what happens when you're too far right for cpac to invite you? well, you charge them with being under shari'a law. only innn red america, huh? "hardball," the place for politics. o-lorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. in the middle of the night it can be frustrating. it's hard to turn off and go back to sleep. intermezzo is the first and onl
ers making to the bowel and this is all going to put more sales in the regional economy and again there is so much business activity. and we are blessed with just being in this part of the country and the world. i'm very interested in what we are going to hear from our speakers this morning to sort off guide us through this year. now before we get to our program please join me in thanking the organizations and people who made this possible. and you can clap now for awful them but -- this event is jointly presented by san francisco business times and our partner, title sponsor corn irand carey commercial new mark, night, frank. and we are going it hear from dan clef man and dan class man some 14 year ago really came up with this idea, we sat down over lunch and there was another person involved allen cline knelt and which came up with this idea and so i have to give dan much much credit for that. (applause). . very much so. and in 2012, cornish and carey, dominated the area of commercial real estate with over $6 billion in leasing and sales transactions so very good there. and
but the question is why? why so high? and why now? so why is the dow so high when the economy is so cool? gas prices so high. and consumers still smarting from tighter take home pay. well one reason is this man, ben bernanke. the federal chairman has been pumping money into the system for years and he's not stopping any time soon. >> in the short term i would believe that we ought to maintain a reasonable degree of fiscal support, stimulus for the economy. >> but is it all bernanke? >> it's not just bernanke. >> catherine keating oversees investments for jpmorgan. >> balance sheets are strong. they are more liquid than in decades. profits have surpassed pre-crisis highs. >> since the market's 2009 low, corporate profits have risen faster than at any time since the tech boom of the 1990s. and dow profits are forecast to rise 9.2% this year and 9% in 2014. helping too is that the dow isn't the same measure it was back in '07. gone from the index are bailed out aig, citi and gm. in are cisco systems, travellers and united health. a different dow for a different time. be sure not every stock is u
the highs. you look at this and say at least because you have those stats, as far as the economy is concerned, at least the 401(k) has reinflated. david: not all of them, but most of them have. the question is what do you do with them now. a lot of people looking at the 401(k), maybe they have been well invested the last couple of years or several months and a huge gain wondering if i'd bank it. i'm not far from retirement, then maybe move my money into a money market fund? is there still a black swan kind of event that can really destroy this market game? >> the possibility would come from europe because we still need to have a union as well as a banking union join the currency union in europe. for those investors looking at the market, i would say there are three things you have to look at. no big negatives. evaluations are probably neutral. the economy and earnings are probably neutral with a big positive is the federal reserve during the bond buying program. david: you don't have to agree with what the fed is doing, what the administration is doing and what congress is doing
on major purchases and hikes cut into paychecks. are more hikes the last thing the economy needs right now. hi, everyone, i'm brenda buttner, this is bulls and bears. let's get right to it. the bulls and bears this week, gary b smith, tobin smith, jonas max ferris and welcome to everybody. scott, they're still pushing more taxes, but did we just get evidence that's the wrong way to go? >> i think we did, brenda. look, taxes are tough at anyti time like this, where gdp growth just got revised to oh, my goodness, 0.1% on the flat side for q-4. unemployment still ridiculously high. there's no way through it. we just hit the rich and the spenders and the job creators in this country, and it's showing. consumer confidence is falling. purchases of big ticket items are falling, brenda. >> it's not going to work, we're already feeling it. >> brenda: julian, do you agree, tax hikes? good or bad for the economy? >> i think the place we may all agree when you have a weak economy like we have. you don't want to see us going after the deficit the way we are, whether it's the tax increases on anybody or
of fiscal support, stimulus for the economy. >> but is it all bernanke? >> it's not just bernanke. >> catherine keating oversees investments for jpmorgan. >> balance sheets are strong. they are more liquid than in decades. profits have surpassed pre-crisis highs. >> since the market's 2009 low, corporate profits have risen faster than at any time since the tech boom of the 1990s. and dow profits are forecast to rise 9.2% this year and 9% in 2014. helping too is that the dow isn't the same measure it was back in '07. gone from the index are bailed out aig, citi and gm. in are cisco systems, travellers and united health. a different dow for a different time. be sure not every stock is up. hewlett-packard alone in the dow components lost money off 22%. let's say you had perfect timing and you put $1,000 into the following dow companies when the bull started run back in march of '09. in caterpillar which is up 286% you would be looking at $28,060 today. home depot, 2910. and american express up 513% you would have a stash worth more than $500. might we all be so lucky. with the dow up
the recession. the long run competitiveness of the u.s. economy is pretty strong. we have gone through a heavy, cyclical unemployment time. it is something we ought to think about. there are a lot of different sectors and jobs that have never faced foreign competition that have become tradable good. that leaves a lot of tough adjustments. we should make quality investments. i think that professor's point is well taken. let's do those things that will get people jobs and sustain them in their jobs. the advance of technology, let's not overly dreadful is it. if they had said in 1920, how many phone lines would exist today, they would have said that is impossible because every man, woman, and child in america would have to be a telephone operator. the fact that they do not need to be did not put everyone out of a job gradually as we trained for other things, we got more skilled. there is no reason we could not shift again. >> thank you. >> thank you. it is good to see both of you here today. in your testimony today, you suggested congress could help the housing market recovery by facilitating fin
? and plus stocks soaring to new highs, but the economy has a long way to go. has ben bernanke helped create a bubble and will it go bust? also form d.e.a. chiefs putting pressure on the obama administration to block washington and colorado's new laws legalizing pot. weigh in on other state measures, why the silence now? welcome to the journal editorial report. i'm david asman in for paul gigot. despite his so-called charm offensive to republican members of congress this week, "the washington post" confirmed what we already expected, president obama's anti-republican attacks are going to continue, that he's not really in a compromising mood on the budget sequester or pretty much anything else. according to the post, his aim is not to get along with the g.o.p., but to get them out. the goal is to flip the republican-held house back to democratic control, allowing obama it push forward with a progressive agenda, gun control, immigration, climate change and the economy during his final two years in office according to congressional democrats, strategists and others familiar with obama's thinkin
later. >>> as a great economist in the british verse, the u.s. economy gets knocked down but gets up again, but the republicans try to keep it down. >>> the stunning new numbers on the economy today. >> hostage job gains. >> the private sector kicked in, in a big way. 236 thousand jobs added last month. >> 236 thousand. >> the nation's unemployment rate. >> fell two notches. >> 7.7%. >> this is a bit of a surprise. >> robust. >> because of a all the housing stuff we have been talking about. >> robust. >> the economy is moving in the right direction. >> the dow reaching record-high levels. >> that is great, right? >> that is good news. >> you know, the sequester has happened. >> how does that change the equation? the dire predictions that we have heard regarding the sequester? >> we need to do everything we can to avoid self-inflicting wounds. >> people are finally optimistic. >> but it has to be based on common sense. >> i would like to say that common sense has come out of the closet. >> bill clinton calls for an end to doma. >> former president bill clinton is having a change of he
of the economy, and that burst in hiring inspired investors. stocks were up again today making this a week of records for the dow jones industrial average. the dow rose 6 points closing at 14,397, another record high. the nasdaq added 12, the s&p edged up 7 points and this is the tenth straight friday of the year that the major market averages were up. so where are the new jobs? what sectors are still seeing weakness and what is the role of the federal reserve in the labor market? steve liesman has our report. >> reporter: a solid jobs report renewing hopes that the u.s. economy could be chugging along just fast enough to put americans back to work. economists are encouraged by thiseport but they're concerned that the strength may not last. that's why goldman sachs economist says the federal reserve is unlikely to change its easing monetary policy from this report alone. >> the question i think is more how many times months do you have to see to be convinced that is the underlying trend of job growth. if you have a long period at this kind of pace of course they would make some changes but
mean? >> it means that in ultimate terms that the economy is starting to gain traction, but it's still very slow traction. we do know that if you had the average amount of money a person has in a 401(k), $77,000, invested in the dow jones industrial average when it hit its all-time high five years ago, today you have basically not made a penny. in fact, you've lost money because inflation, though small, has eaten up more than that. you've made no money on dow jones. normally one would expect a return of 4% to 8% a year. the stock market has a long way to go. a lot more money is going into stocks. they seem to be paying better now than bonds and other debt instruments. that's very important. that's one thing. job growth is absolutely real. there's no question about it. unfortunately, when the sequester really starts to bite, about three months' worth of job gains, $250,000 per month or $750,000, will be lost. so unemployment will remain at the same level or increase just slightly in the united states if they don't settle this thing. and then finally, are we likely to have a recession be
're seeing slow improvement in a slow economy. >> i guess my question really is has this market gotten ahead of itself, and is 150,000 jobs created in the last month enough to keep this momentum going, or do you think this is sort of -- puts a dent in what we've been seeing? >> good question, maria. i think that we would love to see it come back a little bit. everybody would love to buy at cheaper prices. you won't get much cheaper from here now that economic statistics are starting to get better. >> did you have something? >> i think we're a little bit ahead of ourselves, too. i think really, but you can't argue because, you know, we've got the fed xlooit completely at market's back, and now what we're seeing, the last couple of months, people are starting to chase the market a little bit. ben mentioned that now everybody wants to see the pullback, and usually with just the chasing and the pullback alone that means the market will trade higher than most people think it will, and when the fed reiterates and yellin reiterates and bernanke reiterates, hey, we're easy for a long, long time. it'
" starts right now. >>> good evening, americas. welcome to "the ed show." the obama economy. what is it? it's on a roll, and the republicans hate it. this is "the ed show." >> it's a very simple equation. tax increases destroy jobs. >> taxes went up and jobs went up. tonight, congresswoman jan schakowsky on the surging obama recovery despite no help from republicans. and the failure of conservative economics with david k. johnston and peter mauricy. the sequester cuts arizona's border patrol and now governor jan brewer is crying for help. the head of the border patrol union joins me tonight. >>> first republicans voted against the violence against women act. now they're trying to fool the public into thinking they supported the law. the big panel weighs in. >>> plus -- former congressman bob may of ohio is going after his fellow republican, speaker john boehner. >>> and he's the activist who dressed up like a pimp to exsuppose acorn corruption. >> when i said i'll turn tricks, i was expecting them to like, whoa! they just heard it and it was business as usual. >> now james o'keefe is paying
. and in that time plenty of other economies have applied their approach. so in a week when virtually every day has marked another record high on the u.s. stock market, it's worth considering what's happening elsewhere. the international monetary fund is predicting that the eurozone, which has embraced speaker boehner's approach, will stay in recession for the remainder of this year. in their quarterly update they said the euro area continues to pose a large downside risk to the global outlook. in addition, the imf is predicting that europe's economy will contract by 0.2% this year as compared with its expectation that the american economy will grow by 2% this year and by a further 3% in 2014. and next week will bring us paul ryan's latest budget which will no doubt contain another fist full of cuts that might well knock out the recovery if it was ever applied in practice. you see, it's becoming increasingly clear that the republican rejection of science doesn't just apply to climate change. it also applies to the economy. thanks so much for watching today and all week. chris matthews and "hardball
we are, the cuts have arrived, the economy's getting worse, but the president still wants to tax the rich some more. it will be another big week. crisis fatigue guaranteed. so, let's get started, "varney & company" is about to begin. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, t commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> good morning, "varney & company" viewers today is monday, march 4th. first item on the agenda, an example how president obama got it dead wrong on the budget cuts. here is the president from friday. >> starting tomorrow, everybody here, all the folks who are cleaning the floors at the capitol, now tha
into this conversation in a horrible economy. krugman would argue this is not the time to talk about deficit reduction. where did you come on that debate? >> i think there are things we could do that would not increase the deficit problems. i wrote in "the new york times" this week where i argued key areas would be tax reform, a lot of which benefit upper-income people for no good reason, the lower rates we applied to investment income. i think having tax reform would get our economy going. it would be done in a way to reduce revenues and lower rates for everyone by getting rid of these loopholes. i think it would help get the economy going, which would produce more revenues. another area is infrastructure. there would be no time in history where you would have the ability to find long-term infrastructure programs. construction costs are very low because the economy is very weak. it is fiscally irresponsible not to be issuing long-term debt to repair infrastructure, and that can be paid overtime through special taxes. there is a way to generate revenue to support infrastructure improvements in a way t
, that has so much ripple effects through the economy. but also it solidifies the foundation under the financials. it gives the banks more confidence to lend. the more they're forclosures they're able to work off at better pricing. it has so much profound ripple effects. that's the number one thing that keeps the market driving higher. >> and buying home builders -- >> we agree with that housing as well. we agree with that housing as well. and i think that actually is an offset to almost what's going on whether it's sequestration or taxes moving up. but we still think this market goes higher for the rest of the year. we've got a lot of it in january. we probably bounce around here for awhile due to the resistance levels we talked about earlier, things out of washington. by now and the end of the year, we're probably higher than we were. >> you and bill were just talking about the highs in retails and the high in the transports. those are the areas you may want to trim here and buy the home builders on the dips. the areas that will add value over the course of the year. but you got
and opportunities for people to work and expect to raise a recessed economy? i've always been led to believe you've got to have the exchange of goods and services. you've got to keep money flowing in an economy in a society, to move it beyond the bottom up toward the top. so in the recessed state that we're in, we need to be producing jobs, creating work opportunities, not furloughing, laying people off, having them wonder what they're going to be able to do. i think it's the wrong approach, ting -- i think it's not a good way to manage our resources, and i think it's not a good message that we're sending to the american people. so, sir, i want to thank you again for the opportunity to participate with you and other members of the congressional black caucus as we raise awareness that with sequestration deal, our country is headed in the wrong direction. i thank you very much and yield back the balance of my time. . mr. jeffries: thank you, congressman davis for laying out a clear, concise and articulate fashion, the problems with sequestration that we are forced now to confront here in america a
to catastrophe and the margin will help. here's something else to boost the economy p. the keystone pipeline. the oil industry is celebrating the fourth positive report on the project that came out late friday. president obama has run out of excuses. he must approve the keystone pipeline. you have heard of too big to fail. what about too big to jail? a bipartisan team of senators wants to know if the justice department is refusing to prosecute big banks because they are afraid it would implode world financial markets. "the kudlow report" begins now. >>> the dow continues to flirt with a record high. we are 37 p points from the 2007 peak. corporate profits at record levels. profit margin 14.2% in the third quarter of 2012. that's the best since 1950. housing getting better. the latest numbers show housing starts up more than 24% over the past 12 months. and the natural gas shale energy boom has begun. experts predict it will last for 30 years. the economy still suffers from high unemployment. not much upward movement in income levels. pot line, the economy is growing. the real bottom line to
the youth, do these numbers suggest, however, that the economy is better able today to stand on its own two feet without the help of monetary or fiscal stimulus, and is it better able today to withstand the federal budget cuts or spending cuts that are in the pipeline? >> well, the economy has been healing. we have been seeing a lot of recovery take place in the housing markets. we've worked in the homes that were built and we have been overcoming some of the head winds that we faced including cutbacks that already have been in place because of the phasing out of the recovery act. regarding the sequester i think just about all economists who have looked at it say it's bad policy. it imposes a set of indiscriminate cuts, will slow economic growth and job creation, the congressional budget office predicts it will reduce gdp growth by 0.6% and lower employment by 750,000 jobs, compared to where it otherwise would be, and it doesn't solve our long run problem. it does nothing to address the long run drivers of our deficit problems, which are health care costs for an aging population. >> reporte
.s. economy and the potential effects of automatic spending cuts. this is just under two hours. ontoday's hearing is monetary policy for congress. progress has been slow but positive, thanks in part to the fed's monetary actions. the economy has added private sector jobs for 35 straight months. during that time over 6 million new jobs have been created. we should not sacrifice those gains by slamming the brakes now. moderate cuts will take effect in just a few days and could send our economy into rivers at a time when we should continue moving forward earning jobs. projections suggest that the sequester will cost us 750,000 jobs this year. in addition to layoffs for cops, firefighters, and teachers that could devastate our communities, these cuts will impact our lowest level citizens, including kids, seniors, and the disabled. as they issued an array of cuts, it will affect military readiness. it is unacceptable that we are launching from one manufactured crisis to the next. americans have had enough. these flights of bad for the economy and our making it harder for families to make end
to one of the deepest declines in 20 years. our plan weighs in on the two economies. i'm candy crowley and this is state of the union. mitch mcconnell will join me in a moment. first we want to take you to just outside tampa, florida where demolition is under way to the home where the sinkhole formed killing the owner of the house, jeff bush. authorities made the decision to stop searching for bush who was swallowed up by the 600 foot sinkhole thursday night. we will keep following you this story and bring you updates throughout the hour. >>> back to the top story, more than a year to work things out, hours before mandatory budget cuts were triggered, the president called democrats and republicans to the white house, his first bipartisan leadership meeting since december. the meeting led up to expectation but nothing happened. no ongoing negotiations. if you have visions of somebody somewhere pulling an all-nighter or two to get this fixed, doesn't seem in the works. >> i am not a dictator. i'm the president. so ultimately if mitch mcconnell or john boehner say we need to go catch a pl
, a digital news site that covers the global economy for atlantic media. is welcome to you both. starting with you barry ritholtz, what's behind this sudden rise? >> well, it's a combination of a number of factors. first and fore most going to be really good earnings that we've seen over the past couple of quarters, past couple of years and a lot of this has to do with the massive intervention of the federal reserve. they kept rates so low it's made it very inexpensive for corporations to borrow and invest and it's created a lot of liquidity which drives equity prices higher. >> ifill: matt phillips, because of the intervention of the federal reserve, some people are calling this rebound a sugar high. >> well they might have a point but the one thing i would add to what barry said that another reason the markets seem to be catching a tail wind here is that the housing market seemed to be showing real improvement and one way you can see that is as some of the fruit of the fed policy, low interest rates are stimulating people to get back in the housing market. >> ifill: let me stay with you
jobs report, 236,000 new jobs created and unemployment rate dropped to 7.7%. the economy may not be as good as it could be but it is stronger than many thought. and on wall street the dow set record high after record high this week. closing up another 67 points today and showing gains on all five trading days for a weekly rise of 307 points. corporate profits, dividends and other payouts to investors are soaring. i am still playing stocks and the economy from the optimistic side. and in washington a new president obama engaged in deficit dinner diplomacy with those very same republican senators he was bashing only a week ago. this is good in my opinion. now we are hearing that former president bill clinton may have put obama up to it by turning the president into the new schmoozer in chief. i'm going to cover it all this evening. "the kudlow report" begins right now. >>> first up tonight, our sizzle story. a better-than-expected jobs report in february. cnbc's courtney reagan joins us now with the details. good evening, courtney. >> good evening to you, larry. and what a beat
is he going to get some credit for this amazing economy that's coming back? it definitely is coming back, maybe not like gangbusters. that unemployment rate really dropped again and a quarter million new jobs out there. and the stock market for the rich is going through the roof. when is this guy going to get some respect? republicans, when are they going to set some standards. when he gets to this number, we'll love him. will they ever admit he's doing a good job? >>> someone who admits he was wrong. bill clinton wrote an op-ed in "the washington post," i couldn't believe it when i saw it, saying the defense of marriage act, which he signed into law, should be overturned. he says not only did the law provide an excuse for discrimination, the law itself was discriminatory. >>> i'm fascinating with the jockeying taking place in both parties for 2016. rand paul is running, jeb bush is running, and hillary clinton, we'll be waiting for her. when does she decide? we'll ask that and get to all this. >>> what happens when you're too far right for cpac? you charge them with being under the thre
report on what's working in the u.s. economy, what's not, and why. >> good evening and welcome to our public television viewers. >> good evening, everyone. stocks reversed course and the dow is closing in on a new milestone. this comes on the first business day of the sequester, the start of billions in automatic federal spending cuts. investors bought up stocks, though, with the dow posting its second highest close ever, up 38 points to 14,127. it's just 37 points from its record high. the nasdaq added 12 and the s&p added 7 points. bob pisani has more on what helped drive today's action. >> reporter: the dow rallied nearly 100 points midday off its lows on not much news but it wasn't enough to hit historic highs which fell about 37 points short. we were led by financials. now we'll find out which ones pass key stress tests later in the week. oil and energy stocks also bounced off of their lows today but it wasn't really enough to overcome the growth scare around china. chinese authorities put the brakes on the secondary property market over the weekend and any time that happens, com
sean penn also came to pay their respects. the economy suffered under chavez and the system he bequeathed favors only the party faithful. >> he was a laborer who said he was blacklisted after he signed a petition against chavez. >> after the first few years it became a disaster for everyone. confrontation between brothers and fronalds. >> his supporters will remember him as a revolutionary who fought for the poor but questions about how he governed and the mistakes he made means history may not judge chavez so kindly. >> in caracas and a dramatic time for the people of venezuela. i'm joined by nelson. an influential journalist continuing getting scoops. nelson very well connected. what did chavez mean for the venezuelan people? >> there's before chavez and afterchavez. he was a great team for the poor people and he was the hope that they didn't have. he was the familia for all these poor people. that's why they were crying because he really touched him and touched more than the poor. he touched a lot of people with his sentiment and desire to give them solutions to the problems
and left wing activists like sean penn also came to pay their respects. the economy suffered under chavez and the system he bequeathed favors only the party faithful. >> he was a laborer who said he was blacklisted after he signed a petition against chavez. >> after the first few years it became a disaster for everyone. confrontation between brothers and fronalds. >> his supporters will remember him as a revolutionary who fought for the poor but questions about how he governed and the mistakes he made means history may not judge chavez so kindly. >> in caracas and a dramatic time for the people of venezuela. i'm joined by nelson. an influential journalist continuing getting scoops. nelson very well connected. what did chavez mean for the venezuelan people? >> there's before chavez and afterchavez. he was a great team for the poor people and he was the hope that they didn't have. he was the familia for all these poor people. that's why they were crying because he really touched him and touched more than the poor. he touched a lot of people with his sentiment and desire to give them solutio
's second largest economy. >> that was nhk world's james tengan in beijing. >>> the people of venezuela said good-bye to the man who led them for 14 years. they gave president hugo chavez a state funeral in the capital, caracas. ♪ about 30 foreign leaders joined venezuelans for the ceremony at a military academy. crowds of chavez's supporters gathered outside. the vice president is due to take oath of office as acting president. the vice president says people will be able to see chavez forever as a preserved body on permanent display. government officials say they'll call a presidential election within 30 days. analysts say vice president maduro will probably run on the ruling party's ticket. >>> people in the united states have another reason to believe their economy is gaining traction. they saw share prices on the new york stock exchange hit a record high this week. now they're seeing more encouraging data about jobs. officials at the department of labor say the jobless rate fell to 7.7% last month from 7.9% the month before. unemployment is the lowest it's been in more than four years.
market has ben bernanke to thank for it. even though the economy is still struggling. ben bernanke is an academic, which means he doesn't have real world experience, but his theory is you will send your money over to the stock market where you might be roughly 0% and then if you see a high stock market, he says he will feel better about the economy. from the gains from your stocks, it will drive the economy even higher. the only problem is that consumer spending power, it hasn't worked. there is a huge disconnect between the stock market and the economy. as long as the fed keeps artificially driving higher, investors will be happier. this will be just another bubble. dennis: be sure to watch the tom sullivan show this weekend. you can catch it at 7:00 p.m. and 10:00 p.m. on saturday and sunday at 7:00 a.m. and 7:00 p.m. happy friday, everyone. thank you for being with us. gerri: welcome to "the willis report." rand paul's turn with the gop. will the establishment stand with him or abandonment? and college students barely knowing how to read. that is the case with one city's public
Search Results 0 to 49 of about 1,022 (some duplicates have been removed)